Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026)
Spotify Technology's (SPOT) Asset Utilization Ratio was 1.35 for the quarter ended Jun 30, 2026, up 6.6% from 1.26 a year earlier and up 8.9% from the prior quarter.
Powered by 
Analysis
Spotify Technology (SPOT) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Asset Utilization Ratio at Spotify Technology was 1.32, down 14.0% from the prior year.
- By year, Asset Utilization Ratio came in at 1.54 in the year ended Dec 31, 2024 (-9.6%), 1.70 in the year ended Dec 31, 2023 (+13.6%), 1.50 in the year ended Dec 31, 2022 (+4.3%) and 1.43 in the year ended Dec 31, 2021 (+2.7%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Asset Utilization Ratio since the quarter ended Dec 31, 2024.
- Year over year, Asset Utilization Ratio gained in 1 of the last eight quarters, with an average decline of 12.8%.
- The high point for year-over-year Asset Utilization Ratio in five years was the quarter ended Jun 30, 2022 (growth of 39.0%); the low point was the quarter ended Sep 30, 2025 (a decline of 20.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 1.24 (quarter ended Mar 31, 2026), 1.12 (quarter ended Dec 31, 2025) and 1.15 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 0.55 |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 0.54 |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 0.81 |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 0.53 |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | 0.93 |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 0.88 |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 0.98 |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | 0.68 |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | 1.35 |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 |
| Mar 31, 2026 | 1.24 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.39 |
| Sep 30, 2024 | 1.45 |
| Jun 30, 2024 | 1.51 |
| Mar 31, 2024 | 1.59 |
| Dec 31, 2023 | 1.66 |
| Sep 30, 2023 | 1.68 |
| Jun 30, 2023 | 1.62 |
| Mar 31, 2023 | 1.59 |
| Dec 31, 2022 | 1.59 |
| Sep 30, 2022 | 1.56 |
| Jun 30, 2022 | 1.53 |
| Mar 31, 2022 | 1.47 |
| Dec 31, 2021 | 1.39 |
| Sep 30, 2021 | 1.27 |
API Access
Spotify Technology Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SPOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();